Standard Chartered Bank (SCB) has appointed Ray Ferguson as its new Chief Executive Officer in the United Arab Emirates (UAE). The new chief joins Standard Chartered Bank from SCB in Indonesia, where he was CEO and Corporate and Institutional Bank Head.

In the UAE, Standard Chartered has a Consumer Banking network comprising seven branches and 22 automated teller machines (ATMs). Standard Chartered is the leading

provider of cash management trade finance, and treasury products and services in the Emirates. — (menareport.com)